Categories: India

UPDATE 1-UK's Aston Martin forecasts bigger loss for fiscal 2025

(Adds details on volumes, loss and free cash flow in paragraphs 2-3) Oct 6 (Reuters) – Luxury carmaker Aston Martin warned on Monday of a full-year loss that would be bigger than market consensus, citing softer volumes and economic pressures stemming from tariffs and a newly implemented quota system. The British carmaker now expects its 2025 total wholesale volumes to fall by mid-high single digit percentage from last year's 6,030 units. At the low end, analysts had expected Aston Martin to log an operating loss of 110 million pounds ($147.83 million), according to estimates compiled by the company. The company said it no longer expects positive free cash flow generation in the second half of this year. (Reporting by Raechel Thankam Job in Bengaluru; Editing by Subhranshu Sahu)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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